What are the main forms of enterprise reorganization? What is the relationship between merger and reorganization?

Legal analysis: Reconstruction refers to the planned implementation behavior formulated and controlled by enterprises, which will significantly change the organizational form, business scope or mode of operation of enterprises. Matters that belong to reorganization mainly include: selling or terminating part of the business of the enterprise; Make major adjustments to the organizational structure of enterprises; Close some business premises of the enterprise, or relocate business activities from one country or region to other countries or regions.

The connotation of merger and acquisition is very extensive, generally referring to merger and acquisition.

From the above, we can see that merger and reorganization are two different ways of working for enterprises.

Legal basis: Article 70 of the Enterprise Bankruptcy Law of the People's Republic of China. The debtor or creditor may directly apply to the people's court for reorganization of the debtor in accordance with the provisions of this law.

Where the creditor applies for bankruptcy liquidation of the debtor, after the people's court accepts the bankruptcy application and before declaring the debtor bankrupt, the debtor or investors whose capital contribution accounts for more than one tenth of the registered capital of the debtor may apply to the people's court for reorganization.